Calls for a ‘British Library’ of the public’s data grow to help drive AI progress May 2, 2024 A think tank has called for the creation of a 'British Library' of the public's data to help improve Britain's position in the global AI race.
London leads as number of new UK tech companies hits five year high May 1, 2024 The number of UK tech businesses formally registered as limited companies surged by 11 per cent to reach a five-year peak in the first quarter.
Concurrent Technologies shares jump after defence manufacturer sees higher UK demand May 1, 2024 AIM-listed Concurrent has soared over 45 per cent over the past year as the company has made several strategic wins.
London tech company’s profits treble as stock soars over 130 per cent May 1, 2024 Maintel, which is a London tech company that provides cloud services for businesses, said revenue for the year, ending December 2023, was £101.3m, up 11.3 per cent year-on-year.
Safety equipment firm Halma acquires MK Test for £44m May 1, 2024 Safety equipment company Halma has acquired electrical testing technology firm MK Test for more than £40m, it has been announced.
Computacenter cautions on first half results amid ‘challenging’ UK market May 1, 2024 "Germany and North America delivered solid underlying performances while the UK remained challenging," Computacenter said on Wednesday.
GSK raises 2024 guidance after strong vaccine sales May 1, 2024 In its first quarter, British company GSK said sales rose 10 per cent to £7.4bn but total operating profit fell 18 per cent to £1.49bn.
Shein cash giveaways similar to Temu’s raise data privacy issues April 30, 2024 Fast-fashion giant Shein has launched a number of promotions on its app, such as "magic draw", "draw easily", "free gift", and "spin to win".
Meta to face £2.2bn class action after failing to overturn approval April 30, 2024 Meta is set to face £2.2bn over allegations it abuses its dominant market position by imposing unfair terms after the Tribunal threw out its appeal
Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).